Persons entitled
- Fleet National Bankas Trustee for the Secured Creditors Pursuant to the Terms of the Security Trust Deed (As Defined)
Amount secured
All monies due or to become due from the company formerly known as gec avery international limited to the secured creditors (as defined) under or in connection with any loan document or specified hedge agreement (as defined)
Short particulars
The company transfers and makes over to and in favour of the security agent (as trustee for the secured creditors) the pledge shares as security for the due and punctual performance and discharge of the company of the liabilities under the fixed and floating debenture. See the mortgage charge document for full details.